There were 23,019 foreclosures in Minnesota in 2009, making it the second highest year on record. While the number declined 12% from 2008, it is still over 350% higher than the number of foreclosures experienced prior to the current housing crisis. The report shows that 1.28% of all residential parcels in Minnesota experienced a foreclosure in 2009, and almost 5% of all residential properties have experienced a foreclosure in the last five years.

To view the press release of this report, click here.

To view the report, click on the image at the right, or click here.

HousingLink was commissioned to complete this report by the Minnesota Home Ownership Center, the Greater Minnesota Housing Fund, Minnesota Housing, and the Family Housing Fund.

The mid-year update offers a snapshot of the January through June 2009 number of clients served by the statewide network of Foreclosure Counselors, the number of foreclosures prevented and the foreclosure rate for every county in the state.

The maps used in the update were created by CURA, the Center for Urban and Regional Affairs.

In addition, the Center and CURA have produced "breakout" reports that  show the same information as the mid-year update by quarters (First Quarter - Jan through March; Second Quarter - April through June) as well as the data from year-end 2008 for comparative purposes:

This report provides an in-depth analysis of Sheriff’s sale data, the primary means of identifying foreclosures, from all Minnesota Counties.   

The report counts Sheriff's sales that have occurred during the first six months of 2009.  In addition, the report includes foreclosure numbers on a quarterly basis and offers year-over-year comparisons to 2008 quarterly numbers.

HousingLink was commissioned to complete this report by the Minnesota Home Ownership Center, the Greater Minnesota Housing Fund, Minnesota Housing, and the Family Housing Fund.

This report provides a summary of findings from an evaluation of the foreclosure prevention counseling program supported by the Minnesota Home Ownership Center. Through this program, local foreclosure counseling services are delivered to consumers through 25 agencies throughout Minnesota. The report summarizes household and loan characteristics, service usage, and outcomes for homeowners receiving foreclosure counseling during 2008.  Click here for additional information.